Pakistan Stock Exchange shares hit record high

KARACHI/ISLAMABAD: Pakistan stocks closed at a record high on Thursday, helped by good foreign investor inflows, dealers said.

The benchmark 100-share index of the Pakistan Stock Exchange finished 1 percent higher, or 366.84 points, to hit a record high closing level of 36,685.05.

It breached the 36,800-mark earlier in the session to hit a record intraday high.

“Heavy inflow of foreign funds and a political scene heading towards resolution attracted investor interest and led the market to close at the highest-ever level,” said Hammad Aman, manager equity sales at Topline Securities Pvt Ltd.